Luceco (LON:LUCE) Shares Down 4.3% – Time to Sell?

Shares of Luceco plc (LON:LUCE) fell 4.3% during trading on Wednesday . The company traded as low as GBX 120 ($1.48) and last traded at GBX 120 ($1.48). 91,585 shares were traded during mid-day trading, an increase of 6% from the average session volume of 86,642 shares. The stock had previously closed at GBX 125.40 ($1.55).

Luceco Trading Down 4.3 %

The company has a quick ratio of 1.51, a current ratio of 2.18 and a debt-to-equity ratio of 55.91. The firm’s fifty day moving average is GBX 129.65 and its two-hundred day moving average is GBX 147.14. The firm has a market cap of £185.08 million, a P/E ratio of 1,000.00, a PEG ratio of 0.62 and a beta of 1.29.

Insider Transactions at Luceco

In related news, insider John Hornby sold 3,000,000 shares of the stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of GBX 157 ($1.94), for a total value of £4,710,000 ($5,822,002.47). Also, insider Petrus R. M. Vervaat purchased 50,000 shares of the stock in a transaction that occurred on Wednesday, November 6th. The shares were acquired at an average cost of GBX 132 ($1.63) per share, with a total value of £66,000 ($81,582.20). Corporate insiders own 57.82% of the company’s stock.

Luceco Company Profile

Luceco plc manufactures and distributes wiring accessories and LED lighting and portable power products in the United Kingdom, Europe, the Middle East, the Americas, the Asia Pacific, and Africa. It offers wiring accessories, including switches and sockets, circuit protection products, outdoor wiring devices, junction boxes, cable management products, and commercial power and accessories under the British General and Nexus brands.